CHANDIGARH: Deliberations during the session titled "Bicycles and eBikes" under the theme "From Parts to Platforms: Punjab’s Next Gen Cycles for Global Markets" underlined the state’s growing stature as a global manufacturing hub, with industry leaders asserting that policy stability, technological upgradation and ecosystem integration will drive the next phase of expansion.
Speaking on the occasion, Chairman and Managing Director of Avon Cycles, Mr. Onkar Singh Pahwa, noted that Punjab is steadily creating a business friendly operating environment with clearer timelines, digitised approvals and reduced procedural burden, enabling entrepreneurs to focus on execution and innovation. Stressing the importance of predictability and continuity, he said initiatives such as reduced compliance load, expanded self certification for MSMEs and single point registration will accelerate project implementation and convert investment into employment, exports and industrial output.
Highlighting the relevance of the theme, he stated that Punjab possesses a strong legacy in bicycle manufacturing with more than 4000 MSME component producers and over 100 medium and large cycle manufacturers jointly producing about 2.2 million bicycles annually, making India one of the largest bicycle producing nations. He observed that the state accounts for the overwhelming share of components and raw material capabilities, with world class tyre manufacturing adding further strength to the ecosystem.
Emphasising the shift from component centric production to platform based manufacturing, Mr. Pahwa said modern consumers seek safety, durability, comfort, performance and electric assisted mobility solutions, pointing out that diversified manufacturing, including e-bikes, e-scooters, fitness equipment and premium export oriented cycles, is the emerging pathway to sustained growth. He added that global markets demand consistency, documentation discipline and robust quality assurance, making platform based capability building essential for long term export competitiveness.
Chairman and Managing Director of Ralson India, Mr. Sanjeev Pahwa, traced the historical evolution of the bicycle industry, stating that Ludhiana emerged as a key centre of affordable mobility in the early years after independence, driven by entrepreneurial spirit and innovation despite regulatory challenges. He highlighted that indigenous technology and ecosystem collaboration during the 1970s and 1980s enabled the growth of tyre and tube manufacturing industries, which today serve domestic and global markets.